News
The price of oil took a sharp dive this week, falling nearly $4 while the U.S. added another 10 total oil and gas rigs. Meanwhile, Canada's declining rig count fell to under 100.
4.21.2017
4:00pm
News
Adding more than 2,500 full-time jobs across new sites in Cranbury Township, Edison and Logan Township, Amazon’s fulfillment footprint in New Jersey grows to 10 facilities.
by Amazon
4.21.2017
3:59pm
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Federal investigators believe that an overheated pump triggered a fatal explosion at an Airgas facility in Florida last summer, according to a 146-page report released by the U.S. Chemical Safety Board.
Digital Reporter
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4.21.2017
10:57am
Round Ups
We're in another quarterly earnings reporting period, with this one much more positive overall than any of 2016. Big 50 distributors Grainger, Fastenal, Motion Industries, EIS and Motion Industries have reported their fiscals in the past two weeks, with...
4.21.2017
10:33am
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Blog
In honor of Earth Day, April 22, supply chain management provider AFFLINK offers suggestions on how distributors and suppliers can become more environmentally responsible.
by AFFLINK
4.21.2017
9:17am
Round Ups
We're in another quarterly earnings report season, with many well-known industrial distributors and manufacturers sharing their latest fiscal results. Here's how the most recent quarter fared for Lawson Products, Lincoln Electric and Snap-on.
4.20.2017
10:49am
News
President Donald Trump visit Snap-on's Kenosha, WI headquarters Tuesday, turning back to his key election message of "Buy American and Hire American." On Thursday, Snap-on posted a from message chairman and CEO Nick Pinchuk regarding Trump's visit and...
4.20.2017
9:56am
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Article
Too many salespeople either ignore or are unclear about their customer’s buying process. If salespeople don’t cater to or understand the buyer’s process, they also don’t understand the buyer’s needs throughout their process. Paul Reilly explains.
by Paul Reilly
4.20.2017
9:12am
News
The new company will operate as a separate and wholly-owned subsidiary of Dallas, TX-based Purvis Industries under the name KMEC Engineering and Conveying Systems from its current location and with its current leadership.
by Purvis Industries
4.19.2017
5:16pm
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Industry Brief
Buford, GA-based Georgia Tool & Abrasives offers a broad range of industrial supplies, including cutting tools, band saw blades, abrasives, safety supplies, MRO supplies, CNC tooling and welding supplies.
by IBC
4.19.2017
3:18pm
Videos
In these latest ID Quick Hits, editor Mike Hockett discusses Grainger's Q1 earnings report, in which the company said it is accelerating its planned strategic pricing actions, while Fastenal's Q1 report showed solid sales growth and vending expansion.
4.19.2017
12:04pm
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Advanced parcel sortation systems engineering and equipment supplier Material Handling Systems has agreed to be acquired by private equity firm Thomas H. Lee Partners, which commented on its plans to invest in MHS' expansion.
by Material Handling Systems
4.19.2017
11:07am
News
Forklift brand Toyota Industrial Equipment Manufacturing plans to expand its North American headquarters in Columbus, IN, adding 150,000 square feet in a $17.5 million investment.
by Toyota Industrial Equipment
4.19.2017
10:29am
News
GPC's subsidiaries Motion Industries and EIS Inc. — Nos. 8 and 22 on ID's Big 50 List — both saw healthy year-over-year sales gains in Q1, while GPC announced an acquisition for its automotive business.
4.19.2017
10:00am
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Thirty-year Avnet veteran Phillip Gallagher returns to the company after departing in 2014 and will now oversee the company's core distribution business, as well as its supplier relationships, global procurement and supply chain solutions business.
by Avnet
4.18.2017
5:11pm
Product Announcement
A newly-expanded, 12-page brochure on Camseal metal-seated, cartridge-style, top entry, zero leakage ball valves is now available from Conval.
4.18.2017
5:00pm
Industry Brief
NAHAD held its 33rd annual convention April 2-6 in San Antonio, where it named Moss Rubber & Equipment owner and vice president Scott Moss as the association's 2017 president. See who else was appointed as NAHAD officers and board members.
by NAHAD
4.18.2017
12:01pm
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Product Announcement
A pneumatic saw and clamp system that eliminates torch cutting and lets users produce clean accurate cuts on thick steel plate fast with no heat affect zone is available from ESCO Tool of Holliston, MA.
4.18.2017
11:50am
Data Focus
U.S. industrial production increased 0.5 percent year-over-year in March after a 0.1 percent uptick in February, largely accounted for by a jump of 8.6 percent in the output of utilities — the largest in the history of the U.S. Federal Reserve industrial...
by Board of Governors of U.S. Federal Reserve
4.18.2017
11:10am
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Data Focus
ISA's April Economic Indicator Report shows continued solid expansion for both its distributor and supplier members despite a slight dip in the latest manufacturing PMI.
4.18.2017
10:34am
News
Grainger said its Q1 results "clearly fell short of its expectations," driven by a stronger than anticipated customer response to its U.S. strategic pricing actions.
4.18.2017
10:00am
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Industry Brief
Independent Welding Distributors Cooperative member companies’ spend through their co-op exceeded $19 million in March, smashing their prior record by more than $800,000.
by Independent Welding Distributors Cooperative
4.17.2017
2:38pm
Industry Brief
A recent survey of “right fit” 16-24 year olds found a 6.7 percent increase in their awareness of industrial distribution as a career field, compared to a similar survey commissioned three years ago by Industrial Careers Pathway
by Industrial Careers Pathway
4.17.2017
2:22pm
News
President Donald Trump said last week that the dollar is "getting too strong" and that he prefers "a low interest rate policy" as the Federal Reserve considers additional rate increases this year.
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4.17.2017
10:53am
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Indianapolis-based tooling provider Techniks expands its product offering of aftermarket machine tool accessories with the addition of Rochester, NY-based Parlec, Inc.'s tooling division.
by Techniks
4.17.2017
10:23am
Industry Brief
Würth Industry North America has announced the promotion of three employees who will take on new roles and positions to oversee projected top line growth and expansion.
by Würth Industry North America
4.17.2017
10:10am
News
First they wanted free. Now they want fast. As shoppers turn to the convenience of cyberstores, they crave shipping that can keep up with their demands. Should you still pay for a subscription? It depends.
by Courtney Jespersen, NerdWallet
4.17.2017
9:52am
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Product Announcement
Walter Surface Technologies announces the launch of FLEXSTEEL, a high-performing general purpose flap disc designed for use on steel in light industrial, metal fabrication and construction applications.
4.17.2017
9:46am
Blog
The U.S. active oil rig count grew last week for the 24th time in the past 25 weeks to its highest mark since April 24, 2015.
4.17.2017
9:42am
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Safety container supplier Justrite has acquired Italy-based Sall SRL, a designer and manufacturer of environmental protection, material handling and other workplace safety solutions.
by Justrite Mfg
4.13.2017
11:04am
News
A warehouse building boom — and a scarcity of available workers to staff them — reportedly resulted in the largest wage increase among warehouse workers in more than 10 years.
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4.13.2017
9:11am
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Videos
Amazon third-party sellers, which account for more than half of the company's sales, have been hit repeatedly by hackers who post fake deals on legitimate sellers' pages. Wall Street Journal's Laura Stevens explains the impact on consumers with Tanya...
by Wall Street Journal
4.13.2017
9:09am
Industry Brief
Most recently serving as director of sales for the power tool division at APEX Tool Group, Chad McDonald joins the leadership team at Weiler with more than 18 years of sales and marketing experience.
by Weiler Abrasives
4.12.2017
5:15pm
Industry Brief
Tulsa, OK-based MRO master distributor AgoNow has launched a new website that offers enhanced functionality, content and e-commerce capabilities.
by AgoNow
4.12.2017
3:39pm
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Product Announcement
Amada Miyachi America's new LMF70-HP, an addition to its popular LMF Series of lasers. is ideal for welding small components and thin metals up to 0.01-inch thick.
4.12.2017
1:42pm
Industry Brief
The February numbers show solid momentum for industrial manufacturing in Q1 2017, leading to growing optimism about the U.S. industrial economy.
by U.S. Cutting Tool Institute and Association For Manufacturing Technology
4.12.2017
11:48am
Videos
These latest Quick Hits discuss a report that Amazon wants its large consumer brands to bypass retail and sell direct to consumers, Ace Hardware hiring a Grainger regional sales VP to head its wholesale business, and our latest ID Video Q&A.
4.12.2017
10:45am
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Parker Hannfin announced Monday that CFO Jon Marten will retire as CFO after 30 years of company service and that current VP and controller Catherine Suever will succeed him in the position, effective immediately.
by Parker Hannifin
4.11.2017
4:54pm
News
Fastenal had sales growth across the board in Q1, with March being the company's best daily sales growth month since February 2015. The company continued to reduce its overall store count, but ramped up its Onsite locations and further grew its installed...
4.11.2017
2:10pm
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